Considered market commentary from the Navigate desk — asset allocation, company notes and our Inside Squared Brackets column, written for advisers and their clients.
Socialism with American Characteristics. America spent 250 years insisting the state had no business owning the means of production. It is marking the anniversary…
Socialism with American Characteristics. America spent 250 years insisting the state had no business owning the means of production. It is marking the anniversary…
A central bank can raise the price of money. It cannot raise the supply of oil. On Thursday the European Central Bank spent an afternoon doing the first…
This week's Inside Squared Brackets noted a curious fact. The 2026 World Cup is the highest-scoring in more than half a century — nearly 2.9 goals a game…
On the evening of 28 May, residents along Florida's space coast felt their homes shake before they understood why. A New Glenn rocket, fuelled and tethered…
EXECUTIVE SUMMARY Last week we argued the cloud is bolted to the ground. This week: what the ground is made of. The agentic re-rating of server CPUs is real…
EXECUTIVE SUMMARY The US 30-year sits a few basis points below an eighteen-year high. We read the move as a global repricing of long duration rather than a dome…
EXECUTIVE SUMMARY The index has never been more concentrated; its members have rarely agreed less. Concentration is a weight. Correlation is a behaviour…
EXECUTIVE SUMMARY OpenAI's revenue and user growth have come in below its own targets, and its finance chief has reportedly warned that the company may struggle…
28 Apr 2026
Stay with the desk
News & Views, delivered weekly.
Asset allocation, company notes and Inside Squared Brackets — direct to your inbox as each issue publishes.
Commentary, not advice. Unsubscribe anytime.
This page is for information only and does not constitute investment advice, an offer or a solicitation. Market commentary reflects the views of the Navigate investment desk at the date of publication and may change. Capital is at risk; past performance is not a reliable indicator of future results. Navigate Portfolio Advisers is a trading style of ACM Europe Limited (C 26673), authorised and regulated by the Malta Financial Services Authority.
Confirm your access
The information on this website is intended only for professional investors, financial advisers and intermediaries. It is not suitable for retail (private) investors. If you are a retail investor, please contact your financial adviser.
By clicking "Enter site" you acknowledge you have read and agree to be bound by these Terms and represent that: the jurisdiction selected is applicable to your intended activities; you are not resident in the United States and are not a U.S. Person; you are accessing this website in compliance with applicable law; and, where relevant, you are authorised to accept these Terms on behalf of your employer or client.
1 · About this website
Information is issued and communicated by ACM Europe Limited ("ACM", "we", "us"), authorised and regulated by the Malta Financial Services Authority (MFSA). The site contains information about sub-funds of the Navigate Funds SICAV plc (the "Funds").
2 · No investment advice
The information is provided for information only, on the basis that you make your own investment decisions. Nothing here constitutes investment, financial, legal, accounting or tax advice, or a recommendation to transact in any investment. Seek professional advice before making any decision.
3 · Risk warnings
There are significant risks associated with investment in any of the Funds, including complete loss of capital. The value of investments and income from them can fall as well as rise. Past performance and any simulations are not reliable indicators of future performance.
4 · U.S. persons & distribution
Interests in the Funds and ACM's services are not offered within the United States or to any U.S. Person, and offering materials will not be distributed where to do so would be contrary to local law.
5 · Offering documents prevail
Any application should be made only after reading the relevant prospectus, KID and latest financial reports. In the event of inconsistency, the offering documents prevail. The full Terms of Use, Privacy and Cookie policies govern your use of this website.
